FOR_SALENeutral Deal68 days on market
115 Coconut Key Lane
115 Coconut Key Lane, Delray Beach, FL 33484, Delray Beach, FL 33484
115 Coconut Key Lane, Delray Beach, FL 33484
Loc: Delray Beach, FL
Days Listed
68
Tax Assessed
$354k
Zestimate®
$451k
Market Rate
Lot Size
1,904 sqft
Rent Estimate
$3,308/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Orchard View Elementary School
PK-5
1.9 mi away
3
Carver Middle School
6-8
0.9 mi away
8
Spanish River Community High School
PK,6-12
4.2 mi away
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.76%
Total ROI
18.5%
Cash Flow
$-118/mo
DSCR
0.95
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Data provided by Haven AI. Disclaimer
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10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-12 | Price change | $460,000 | $332 |
| 2026-04-30 | Price change | $446,999 | $323 |
| 2026-04-19 | Price change | $447,000 | $323 |
| 2026-04-16 | Price change | $448,000 | $323 |
| 2026-04-05 | Price change | $447,000 | $323 |
| 2026-01-20 | Listed for sale | $460,000 | $332 |
| 2024-09-18 | Listing removed | $3,499 | $3 |
| 2024-07-01 | Listed for rent | $3,499 | $3 |
| 2024-06-19 | Listing removed | $0 | – |
| 2024-06-17 | Listing removed | $0 | – |
| 2024-04-30 | Price change | $3,499 | $3 |
| 2024-04-30 | Listed for sale | $500,000 | $361 |
| 2024-04-04 | Listed for rent | $3,500 | $3 |
| 2024-04-04 | Listing removed | $0 | – |
| 2024-03-06 | Listed for rent | $3,500 | $3 |
| 2023-12-01 | Sold | $430,000 | $310 |
| 2023-11-08 | Pending sale | $449,000 | $324 |
| 2023-10-31 | Price change | $449,000 | $324 |
| 2023-10-26 | Price change | $480,000 | $346 |
| 2023-10-19 | Listed for sale | $495,000 | $357 |
| 2011-12-30 | Sold | $157,000 | $113 |
| 2011-11-14 | Pending sale | $160,000 | $115 |
| 2011-05-11 | Listed for sale | $160,000 | $115 |
| 2005-06-14 | Sold | $310,000 | $224 |
| 2002-06-27 | Sold | $157,782 | $114 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,842 | $354,000 |
| 2024 | $6,561 | $350,000 |
| 2023 | $3,587 | $221,310 |
| 2022 | $3,555 | $214,864 |
| 2021 | $3,549 | $208,606 |
| 2020 | $3,521.44 | $205,726 |
| 2019 | $3,467.4 | $201,101 |
| 2018 | $3,467.4 | $197,351 |
| 2017 | $3,311.61 | $193,292 |
| 2016 | $3,291.96 | $189,316 |
| 2015 | $3,298.48 | $188,000 |
| 2014 | $3,286.64 | $140,000 |
| 2013 | $3,074.81 | $130,000 |
| 2012 | $3,145.38 | $130,000 |
| 2011 | $2,584.05 | $144,750 |
| 2010 | $2,765.42 | $152,000 |
| 2009 | $3,077.39 | $169,500 |
| 2008 | $4,012.04 | $230,185 |
| 2007 | $4,504.22 | $243,000 |
| 2006 | $5,628.86 | $275,000 |
| 2005 | $0 | $214,000 |
| 2004 | $2,676.68 | $180,000 |
| 2003 | $113.05 | $146,000 |
| 2002 | $686.01 | $26,000 |
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $460,000Rent Basis: Observed Comp Model ($3,308/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $230/mo
Haven ScoreRisky
1/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
5.29%
NOI: $24,337/yr
Cash-on-Cash Yield
-4.1%
On $105,800 invested
DSCR Ratio
0.85x
Negative debt coverage
5-Yr Leveraged ROI
+73.9%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.98% of basis)-$289/mo
Homeowner / Hazard Insurance-$230/mo
Vacancy Reserve (5% of rent)-$165/mo
Repairs & Maintenance (10% of rent)-$331/mo
Property Management (8% of rent)-$265/mo
Total Pure Operating Expenses-$1,280/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,308/mo
Less: Operating Expenses-$1,280/mo
Net Operating Income (NOI)+$2,028/mo
Less: Debt Service (30yr @ 6.75%)-$2,387/mo
Net Cash Flow
$-359/mo
$-4,305/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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